BLR 0.00% 0.2¢ black range minerals limited

1 - 750 Take Over Offer

  1. 14 Posts.
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    Hi Guys
    I would like to apologise in advance for not being savvy in all things to do with trading, I'm still in the learning stage and I find myself in a situation with BLR of not understanding the implications of the proposed take over announcement.

    After reading the announcement several times, my questions are:

    The offer of 1 BLR share for 750 Western shares is not a consolidation of BLR shares?

    The 1 share for every 750 shares are extra shares that can be trading on the CSE.

    What happens to our existing BLR shares? Can they still be traded on the ASX.

    Again I thank anyone who can answer my questions, it certainly is a leaning curve and hope I can learn from the experience.

    Cheers Mike
 
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